Wall Street stumbles as major indices end below that flatline after up-and-down session
After something of a volatile day, the Dow closed down 82 points, 0.2%, at 34,312
4:10pm: Months after internet traders went all-in, AMC stock jumped again
After something of a volatile day, the Dow closed down 82 points, 0.2%, at 34,312. The Nasdaq ticked down 4 points to 13,657, and the S&P 500 declined 9 points, 0.2%, to 4,188.
AMC Entertainment Holdings Inc (NYSE:AMC), once a favorite of Reddit day traders, saw its shares rocket more than 20%. Citi analyst Jason Bazinet raised his price target for the movie theater chain to $3.70 per share from $2 per share, while maintaining a Sell rating, according to TheStreet.
Great Panther Mining Announces Tucano Operational Update
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Wall Street stumbles as major indices end below that flatline after up-and-down session
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
Great Panther Mining Announces Tucano Operational Update
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Dow adds more than 300 points to record close, Nasdaq turns positive in afternoon jump
Traders reacted to jobless claims falling to 498,000 last week, well below the 538,000 expected
4:20pm: PayPal shares pop on earnings beat
Traders stepped on the gas in the final hours, propeling the Dow 318 points higher, a gain of nearly 1%, to a record 34,549. The Nasdaq gained 50 points, 0.4%, to 13,633 after spending most of the day in the red, and the S&P 500 picked up 34 points, 0.8%, to finish at 4,202.
PayPal Holdings Inc (NASDAQ:PYPL) got in on the gains after the company reported earnings that came in ahead of expectations and revenue that jumped 31% year-over-year. Shares gained nearly 2% to $252.02.